-6.70 (-0.24%) Asian Paints has moved up to 8th position from 18th last year in Forbes’ list of the world’s 100 most innovative companies. The company has recorded an innovation premium of 68.28 per cent. The annual ‘World’s Most Innovative Companies’ are the ones that investors expect to be innovative now and in the future. Besides, to be included in the list, firms need seven years of public financial data and $10 billion in market cap.
Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.